Qualcomm’s Shares Jump 23% After Settling Feud With Apple

Shares of chipmaker Qualcomm soared 23% on Tuesday after announcing that it had settled a long-running legal feud with Apple over licensing fees. Qualcomm’s shares gained $13.27 to close at $70.45 in regular trading, marking the stock’s best day since 1999. While lifting Qualcomm’s shares, the settlement didn’t help Apple’s stock, which was largely unchanged […]